csc9 Flashcards
What percentage of EC volume is B2B?
85%
Example sentence: Dell engages in B2B transactions.
What kind of transactions does Dell engage in?
B2B
Example sentence: Dell primarily uses e-commerce for purchasing parts.
What does Dell primarily use for purchasing parts?
e-commerce
What does B2C stand for?
Business-to-Consumer
B2C EC includes retail transactions.
What type of transactions are included in B2C EC?
Retail transactions
Example sentence: The typical shopper at Amazon.com is individual shoppers.
Who is the typical shopper at Amazon.com?
Individual shoppers
What is another term for e-tailing?
Retailers selling online
What does C2B stand for?
Consumer-to-Business
In C2B, who sells products or services?
Individuals
Example sentence: Priceline.com is known for its C2B travel service.
What is Priceline.com known for?
C2B travel service
What does intrabusiness EC refer to?
EC within a company
B2E stands for Business-to-Employees.
What does B2E stand for?
Business-to-Employees
Who are mobile employees?
Field representatives
B2ME stands for Business-to-Mobile Employees.
What is B2ME?
Business-to-Mobile Employees
What does C2C stand for?
Consumer-to-Consumer
What is an example of C2C?
eBay sales
Another example of C2C is Craigslist ads.
Give another example of C2C.
Craigslist ads
What does c-commerce refer to?
Collaborative Commerce
Example sentence: Collaborative commerce involves designing a new product together.
What is an example of c-commerce activity?
Designing a new product together
When was the term electronic commerce introduced?
Early 1990s
Example sentence: EC applications expanded rapidly with the commercialization of the Internet.
What expanded rapidly with the commercialization of the Internet?
EC applications
What are dot-coms?
Internet start-ups
Example sentence: All companies in developing countries have a web presence today.
Do all companies in developing countries have a web presence today?
Yes
When did the emphasis of EC shift from B2C to B2B?
1999
What did EC emphasize in 2001?
B2E, c-commerce, e-government, e-learning, m-commerce
When did social networks start receiving attention in the context of EC?
2005
Which year did EC add social commerce channels?
2009
Example sentence: Commercial activities have increased on platforms like Facebook and Twitter.
Can you name two social media platforms where commercial activities have increased?
Facebook and Twitter
What is the largest EC company in the world?
Alibaba Group (China)
Alibaba Group is based in China.
Where is Alibaba Group based?
China
EC is related to which academic disciplines?
Accounting, business law, computer science, consumer behavior, economics, engineering, finance, human resource management, management, management information systems, marketing, public administration, robotics
Example sentence: Amazon, eBay, AOL, Yahoo! impacted EC in its early years.
What companies impacted EC in its early years?
Amazon, eBay, AOL, Yahoo!
Which company has had the most impact on EC since 2001?
What does Google excel at in EC?
Targeting advertisements
Google is considered more than a search engine today.
What is Google considered today?
More than a search engine
What does Google employ in EC?
Innovative models
Google impacts lives through organizational and individual activities.
In what ways does Google impact lives?
Organizational and individual activities
What percentage of dot-coms lacked financial skills?
62%
What percentage of dot-coms had little experience with marketing?
50%
What problems did many companies have with order fulfillment?
Satisfactory order fulfillment
Many companies struggled with having enough inventory.
What problems did many companies have with inventory?
Enough inventory
When did many Web 2.0 and social commerce start-ups collapse?
2008
Is the EC field in decline due to failures?
No
Is the dot-com failure rate increasing or decreasing?
Decreasing sharply
The EC field is experiencing consolidation.
What is happening in the EC field?
Consolidation
Which pure EC companies are expanding?
Amazon.com, Netflix
Click-and-mortar models like Amazon.com are successful.
Does the click-and-mortar model work?
Yes